3201 Hamilton Way, Los Angeles, California 90026, Los Angeles, 90026 - bed, bath

3201 Hamilton Way, Los Angeles, California 90026 home-pic-0
ACTIVE$1,599,000
3201 Hamilton Way, Los Angeles, California 90026
0Bed
0Bath
2,128Sqft
5,196Lot
Year Built
1924
Close
-
List price
$1.6M
Original List price
$1.58M
Price/Sqft
$751
HOA
-
Days on market
-
Sold On
-
MLS number
WS25125243
Home ConditionFair
Features
Excellent View:
Deck
View-

About this home

We found 3 Cons,6 Pros. Rank: price - $1.60M(91th), sqft - 2128(45th), beds - undefined(50th), baths - undefined(50th).

Charming 1920's 4 unit property situated at the most desirable & dynamic area of Silver Lake with 180 degree panoramic view of LA, Hollywood Sign & Observatory. The property has an "owner's unit" which is a large 1bed/1bath with a inviting private backyard. The other 3 units are another 1 bedroom & two studios. All 4 units are currently rented for cashflow and are unique in their own Spanish style from the tiles to the moldings. The property has arch windows & lovely openings between kitchens & living area creating a warm and inviting feeling. If you are looking for a property with character, this is it! This great little investment has tremendous rental upside. It looks like one could even build several adu's over a garage if one were to build at the street. Close to LA trendy restaurants, shopping, coffee, & entertainment!

Nearby schools

5/10
Micheltorena Street Elementary School
Public,K-50.2mi
2/10
Mayberry Street Elementary School
Public,K-60.5mi
4/10
Lockwood Avenue Elementary School
Public,K-60.8mi
6/10
Dayton Heights Elementary School
Public,K-50.9mi
/10
Lexington Avenue Primary Center
Public,K-20.9mi
8/10
Clifford Street Elementary School
Public,K-61.0mi
5/10
Commonwealth Avenue Elementary School
Public,K-51.0mi
7/10
Dr. Sammy Lee Medical And Health Science Magnet Elementary
Public,K-51.2mi
/10
Lake Street Primary School
Public,K-11.3mi
8/10
Franklin Avenue Elementary School
Public,K-61.5mi
7/10
Los Feliz STEMM Magnet
Public,K-61.6mi
9/10
Ivanhoe Elementary School
Public,K-51.6mi
8/10
Allesandro Elementary School
Public,K-61.7mi
6/10
Thomas Starr King Middle School
Public,6-80.8mi
5/10
Virgil Middle School
Public,6-81.3mi
6/10
Irving STEAM Magnet
Public,6-82.9mi
8/10
John Marshall Senior High School
Public,9-121.5mi
3/10
Belmont Senior High School
Public,9-121.8mi

Price History

Date
Event
Price
09/03/25
Price Change
$1,599,000
06/04/25
Listing
$1,579,000
06/20/19
Sold
$1,440,000
08/01/14
Sold
$939,500
09/07/05
Sold
$812,000
06/07/00
Sold
$325,000
Condition Rating
Fair

Built in 1924, this property retains its charming 1920s Spanish character. While one kitchen shows more recent cosmetic updates with white shaker cabinets, granite countertops, and stainless steel appliances, another kitchen features a vintage stove, and the bathroom's mosaic tiling appears to be from an older renovation (likely 15-30 years ago). The overall condition suggests regular upkeep and occasional updates rather than a comprehensive recent renovation. The listing itself notes potential aging infrastructure (plumbing, electrical, roofing) and a lack of detail on major system upgrades, which is common for a property of this age. It is functional and livable, but major components likely show signs of being outdated and would benefit from further modernization.
Pros & Cons

Pros

Great Schools: Elementary School: Ivanhoe Elementary School (9/10).
Prime Silver Lake Location: Situated in the highly desirable and dynamic Silver Lake area, offering excellent access to trendy restaurants, shopping, and entertainment.
Panoramic Views: Features expansive 180-degree panoramic views of Los Angeles, the iconic Hollywood Sign, and the Griffith Observatory.
Income-Generating Quadruplex: A four-unit residential income property with all units currently rented, providing immediate cash flow and a diverse unit mix including an owner's unit.
Significant Value-Add Potential: Offers substantial investment potential through rental upside and the possibility of adding multiple Accessory Dwelling Units (ADUs).
Historic Architectural Charm: Retains its unique 1920s Spanish architectural style, featuring charming tiles, moldings, arch windows, and inviting living spaces.

Cons

Age of Property: Built in 1924, the property may require significant investment in updating aging infrastructure such as plumbing, electrical, and roofing systems.
Undisclosed System Updates: The property description emphasizes aesthetic charm but lacks details on recent major system upgrades, potentially leading to unforeseen capital expenditures for a buyer.
Potential Parking Constraints: As an older multi-unit property in a dense urban area, there may be limited or no dedicated parking, which could be a challenge for tenants and owner-occupants.

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